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Business for sale in ACT , CANBERRA
Capital Commercial Business Sales
Broker Details: Capital Commercial Business Sales
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Queanbeyan Cafe

 
Location: ACT - CANBERRA -Canberra
Category: Cafe and Coffee Shop
 
Financial summary
Asking Price: $690,000 + SAV
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description

This Queanbeyan café has been established for over 35 years and has a reputation reaching across the country and further. Like most successful enterprises, the business is systems-run with a full complement of staff: the rosters include 11 employees on the floor, 8 in the kitchen. The three current owners are responsible only for counting the till and ordering alcohol, for which they attract a healthy profit (EBITA) totalling over $200,000 each year.

The café generates attractive profits thanks to an extensive and targeted marketing campaign which helps bring people through the door, including ads in the nearby shopping centre, an effective website, and sponsorship of two local sports teams. The high value and quality customers receive while at the café ensures the development of repeat clientele. Unique offerings also help to make this café stand out not only locally, but nationally as well.

Asking price $690,000 + SAV

In brief:

  • *  Owner's earnings (EBITA) consistently above $200,000 p.a.
  • *  Average weekly revenue over $31,000 for 2010
  • *  Gross profit of 61.46%
  • *  Base yearly rent $90,000 for 222.6 square meters
  • *  Trades 7 days, 8am – 3pm and 5pm – 9:30pm

The current owners have other business interests they would like to pursue, leaving the opportunity open for you to invest in this national icon and profit-making machine. Nothing to do, everything to gain, even the potential to expand operations further by developing the private and corporate functions side of the business.

If you are interested in this business, please use the ‘enquire’ form on this webpage or alternatively register your interest via email to sales@capitalcommercial.com.au – our friendly sales team will be more than happy to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue to guarantee a timely response, however we are also contactable by telephone on 02 6253 4664.

 
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